FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A descent downwards to the next support at 0.000095610 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000098820 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000108570 |
| 2nd High | 0.000100040 |
| Next High | 0.000098820 |
| Current Price | 0.000101150 |
| Next Low | 0.000095610 |
| 2nd Low | 0.000095380 |
| 3rd Low | 0.000094340 |
0.000098820 – 0.000100040 – 0.000092770 – 0.000095610 – 0.000095380 – 0.000094340 — 68.257412816404 – 64.447278096616
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Double bottom chart pattern – –